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of the day. our question to you is about president obama's faith. he spoke about it today, addressing the belief by some that he is a muslim and not a christian. carol costello is here. he keeps facing the same question. >> i know, he does. president obama got personal abouts had faith his morning at the national prayer breakfast, talking about how accepted jesus christ in his life and a poll shows that only a minority of americans know he is a christian and a growing number of americans who believe she a muslim. the white house says his speech is not in response to those who love to call him barack hussein obama. >> my christian faith has been a sustaining force for me over these last few years. all the more so when michelle and i hear our faith questioned. from time to time. we are reminded that ultimately what maurtters is not what othe people say about us but whether we are being true to our conscience and god. >> according to pugh research half of americans correctly identify the presidents a christian. here is your time to talk back. what will it take for people to believe presi
are criticizing michelle obama for creating what they say is a nanny state. carol costello joins us from washington. carol what is the concern here? what is the complaint? >> well, the concern is with the allegations that michelle obama wants to create a nanny state. it started with michelle obama's little garden at the white house. she invited children to plant vegetables to encourage kids to eat healthy, the start of her childhood anti-obesity campaign, which many people said was a no downside issue. wrong. turns out some conservatives say that planted the seeds of her real goal, to create a nanny state, an allegation that gained steam when she championed breast feeding because some people say breast feeding leads to slimmer adults, and that came around the time that the irs said breast pumps could be a tax deduction. michelle bachman says to think that the government has to buy my breast pump for my babies, i think you just got the definition of the nanny state, and yesterday sarah palin jumped on that band wagon again. >> it's no wonder that michelle obama is saying, you better breas
to the budget laid out by president obama. first impressions from the gop house members are that the budget cuts don't go deep enough. >>> that does it for us. happy valentine's day. we'll see you back here tomorrow at 9:00 a.m. eastern. now over to suzanne malveaux. >>> i'm suzanne malveaux. we want to get you caught up on valentine's day. happy valentine's day to you, february 14th. >>> president obama sent congress his budget plan for 2012 and it calls for spending $3.7 trillion. the white house says the blueprint, this draft, will cut the deficit more than $1 trillion over the next decade. >> when i was sworn in as president, i pledged to cut the deficit in half by the end of my first term. the budget i'm proposing today meets that pledge and puts us on a path to pay for what we spend by the middle of the decade. we do this in part by eliminating waste and cutting whatever spending we can do without. as i start, i've called for a freeze on annual domestic spending over the next five years. >> republicans immediately complain that the president is spending too much and cutting too little. bud
of arizona said the obama administration is sticking her with the bill for its failures. we are about to hear from both sides. thanks. excuse me a sec. another person calling for her grandmother. she thinks it's her soup huh? i'm told she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. and give it a whole new life! with the aveeno nourish plus moisturize collection. the only hair care with active naturals wheat formulas, that target even the weakest parts of hair with hydrating proteins to help repair damage in just 3 washes. for softer, stronger... ... hair with life. [ female announcer ] aveeno nourish plus. and for a luxuriously nourishing shower experience, add positively nourishing body washes. visit aveeno.com to save, and discover the power of active naturals. >>> on one side, arizona, on the other, the federal government. the long chapter on illegal immigration. last year, they sued the state of arizona. now, the governor of the state is suing back. >> reporter: security and border control is by far t
it for yourself. >>> and president obama says protesters in egypt have options. you'll hear his latest strategy on the stalemate in the news right now. >>> good evening, everyone. i'm don lemon. the top story, it's now early morning in cairo. pro democracy demonstrators entrenched in tahrir square. listen to that. you can hear it. soldiers fired warning shots over the square when demonstrators began surging toward army tanks. and elsewhere modest signs that life is slowly returning to normal for many egyptians. banks opened for the first time in ten days allowing people and businesses to withdraw cash. >>> president obama talked about democratic reform in egypt. he was asked about the potential role of the muslim brotherhood in a new egyptian government. take a listen to what he said. >> i think the muslim brotherhood is one faction in northern egypt. they don't have the majority support but they are well organized but there are strains of their ideology that are anti-u.s., there's no doubt about it. here's what we have to understand. there are a whole bunch of secular folks in egypt. there are
's senior white house correspondent ed henry kicks off our coverage. president obama just passed the two-year mark in office. is he likely to face a liberal primary challenge? >> well, that's a big question for this president. and the new cnn opinion research corporation poll suggests he is highly unlikely to face a primary challenge. that would be good news, obviously, for this white house. look at these numbers. 78% of democrats now saying that their choice for the democratic nomination in 2012 is president obama. only 20% saying they want another democrat. now why is that important? since 1968, there have been four incumbent presidents who faced a primary challenge. all four either stepped aside, retired, didn't run again, or just lost outright lost in the general election. this is a big deal. if he does not have a primary challenge, it makes him a lot stronger in 2012. >> the republicans, seems like a wide open field of candidates. have they come anywhere close to unifying behind just one? >> reporter: no. they are nowhere close to being unified behind a candidate but what is interes
. >>> president obama will hold a news conferences at 11:00 a.m. eastern. you can see is here on cnn and likely talk about his 2012 budget unveiled yesterday and cut into many programs but with the aim of getting us at least to hack about a trillion dollars off the budget. >>> this morning, we are talking about your wallet and your world. we are following two major stories. prices are rising. food, clothing and appliances, just about everything you buy is about to cost more. then more protests ripple across the arab world. more violence erupts. two of the targeted regimes are u.s. allies. a third a u.s. foe and all could have a direct bearing on the united states. >>> we begin this hour with developing news just minutes ago, the white house announced that president obama will hold a morning news conference and comes one day after releasing his proposed budget and amid rises tide and protests and violence sweeping through the arab world. we have a preview with cnn's indicate bolduan at the white house. >> we did find out a short time ago that the president will be holding a press conference at 1
this hour, president obama reaches out to the nation's business leaders with a speech at the u.s. chamber of commerce. now, they are some of the most influential players in washington, and they're going to be there. carol costello is here with more. this is a group that raised a lot of money for the republicans, helped them win the house majority here and he's sitting down and speaking before them. obviously, he's trying to mend fences here. >> yes, the president is about to speak before the u.s. chamber of commerce, a powerful pro business lobby. it's kind of a kiss and makeup kind of thing. president obama called ceo types fat cats and accused the chamber of funneling money from overseas to support republican candidates. today to the chagrin of union types, president obama seems to be embracing big business. the president's new chief of staff is former j.p. morgan chase guy, and the chairman of the council on jobs is jeff. iimldt. he will tell them it's their members's responsibility to hire workers and pay decent wages, although that is not happening yet. the unemployment rate is 9%, a
late today. >>> president obama will lead a forum with small business owners at cleveland state university this hour. we will listen to see what the president might say about libya or the deaths of the four americans killed by pirates. >>> the earthquake damage in new zealand, it is horrific. all you have to do is just take a look. this building collapses onto a street. at least 65 people are confirmed dead in christchurch but that number is expected to rise. much of the city is in ruins. the magnitude 6.3 earthquake struck during lunchtime. dazed, bleeding residents were walking in the streets strewn with debris and concrete. several people are trapped. we heard from one woman who was waiting to be rescued. >> i hope someone knows i'm here. sigh suppose they do. >> you said earlier it sounded like rescuers were coming. >> yes. there are other people on other floors, and they are trying to get up and get everyone out. i just have to wait. >> yes, yes. what goes through your mind? >> oh, well, a couple hours ago, i thought i'd had it. i said good-bye, and i managed to wiggle a bi
he treats women and the way women are treated in italian society. >>> president barack obama unveils his any federal budget tomorrow. most of the details are still under wraps, but the white house says it will cut deficits by $1.1 thrill onover the next ten years. he plans a five-year freeze on nonsecurity discretionary spending for a savings of $400 billion. he 'also proposing $100 billion in cuts to the pell grant program. we have the full story straight ahead. >>> the head of a grocery store change in the western united states has resigned after being arrested on child prostitution charges. he was ceo of sunflower farmers' market and founded wild oats market which was later sold to whole foods. he's accused of soliciting sexy a girl who identified herself as a minor. police say he drove to a phoenix hotel to have sex. the ultimate buzz killer just hit hugh hefner's playboy mansion. the health department is investigating if the mansion is linked to the illnesses of about 100 people symptoms included fever, violent headaches, and breathing problems. some of the sick have already bee
.s. cannot micromanage the process in egypt but the obama administration in her view needs to make its goals clear. >>> all right. so what happens in the coming months will shape the way the u.s. military deals with a post-mubarak egypt. this is a country that gets more than a billion u.s. dollars for its armed forces. pentagon correspondent chris lawrence with us now from washington. chris, what exactly is being weighed? >> reporter: well, at its base level, fed ricka, what about this $1.3 billion? that's what the u.s. gave to egypt last year, that's how much the obama administration has requested for this year. to give to egypt in military aide. we're talking about coal producing, more than a thousand abrams tanks, hundreds of f-16 fighter jets, coming up later this year, the egyptian military expected to take delivery on coastal patrol craft, air defense missiles. it run it is gamut. a congressional report seems to estimate 80% of the egypt arsenal is paid for by this american aid. >> so depending on the leadership in egypt, if there is, indeed, a decision made by the u.s. to trim the amo
to the ongoing demonstrations. president obama is also calling secretary of state hillary clinton and other top security advisers to the white house for a meeting on egypt this afternoon. today, large groups of protesters descended on central locations as part of the march of millions to demand the resignation of egyptian president, hosni mubarak. >>> and charlotte, north carolina, will host the 2012 democratic national convention. the city beat out cleveland, st. louis and minneapolis. it will be the first southern convention since 1988 in atlanta. 2008 was in denver. president obama carried north carolina in the 2008 election but by a slim margin. the 2012 republican convention will be in tampa, florida. >>> the white house is riding the fence on egypt but that hasn't stopped others in the democratic party from jumping into the fray with both feet. will they force president obama's hand? ed henry has the inside scoop coming up on the other side of the break. stay with us. ♪ [ male announcer ] you like who you are... the man you've become. and you learned something along the way. about the w
to the white house. today president obama is hosting canadian prime minister steven harper. we are being flagged that really in a matter of minutes he will deliver remarks on egypt. we're told maybe two questions. i want you to remember that what he said on tuesday, i want to take you back three days after speaking by phone with president mubarak. listen to this. >> what is clear and what i indicated tonight to president mubarak is my belief that an orderly transition must be meaningful, it must be peaceful, and it must begin now. >> dan lothian, live for me at the white house. dan, as we're all sort of waiting for those remarks from mr. obama, does the white house want mubarak out right now, or do they believe the egyptians still need a little time to get their ducks in a row, if you will? >> reporter: well, listen, that is a question that we have been asking the white house now for quite some time, and they simply won't talk about it publicly. they talk in broad terms about the need for this peaceful transition to occur, but not saying specifically that hosni mubarak himself should ste
obama doing enough to back unions, the democrats' bread and butter? 2007 he said if the union was ever out on -- had issues, i'd be the first one out there on the picket lines with them. he hasn't been out there. >> no, he hasn't been out there. and, in fact, don, let's take the first question first. the fact republicans, republican governors are taking a hard line on spending in the states, we're seeing republicans taking a hard line in washington d.c., that is absolutely helping with their base. what their base is going to want though, don, is that they continue to keep this hard line all the way through 2011 through 2012. that will help them on election day. at the same time, what democrats need to do is continue keep on fighting. president obama did make that comment. he made it in south carolina when he was running for president. i will tell you he got a little bit of cover today from major union head on one of the sunday shows, however, i will tell you activists are very frustrated. they don't think he's doing enough. they want to see him up in wisconsin. that's unlikely to happe
this situation moves from president obama talking about change now, president mubarak talking about change in september. is president obama powerless to actually make that happen? >> well, let's be clear that these are very fluid and dynamic events. i think what we've seen happen over the course of the past many days, quite honestly, are events that many people have not seen -- nobody's seen in their lifetime. i think you heard the president last night pretty clearly. i'm certainly here to say that the conversation the president had with president mubarak was direct. it was frank. it was candid. and without getting into exactly what was said, i think the message the president delivered clearly to president mubarak was that the time for change had come. >> i guess i'm still trying to get at the core question of what the president, this president can do about that. >> well, i think that -- i think change in all of these instances, what we've seen transpire over the course of many days in cairo and egypt has taken place as a result of change that's needed to happen from within the country. yo
they're fed up with the way he treats women and women treated in italian society. >>> president obama tomorrow unveils the budget for 2012. most is still under wraps but says it will cut def sicits by 1 $1.1 trillion over the next 10 years and reveals a savings of $400 billion, also proposing $100 billion in cuts to the pell grant program. the full story trading ahead. >>> the head of a grocery store chain in the western united states has been arrested on prostitution charges. michael gilliland is accused of solicits sex from a girl who identified herself as a minor. police say he set up a meeting with her online and drove to a phoenix hotel to have sex. >>> the ultimate buzz killer just hit hugh hefner's playboy mansion to see if it is linked to the illnesses of about 100 people. they became sick after attending a fund-raiser, symptoms included fever, violent headaches and breathing problems and some diagnosed with a mild form of legionnaires' disease. >>> boeing has unveiled the latest version of the 747 passenger jet, designed to be quieter and more fuel efficient than previous ver
president obama, driving home the same point that now, right now, those two sides, the government and the opposition have to come together. but they're not reaching in and cracking heads at all. it really has to be an egyptian process. >> jill dougherty in washington, thanks so much for that update. we'll check back with you throughout the afternoon. >>> also, straight ahead, lots of folks looking forward to this in this country, the super bowl. but guess what? it's a pretty dangerous situation at the site of tomorrow's big game. you see the ice right there forming. ice actually slid off the roof of the cowboy stadium in arlington, texas, and one man was hit in the head. he is in stable condition and he's in the hospital. five other people had minor injuries. the dallas/ft. worth area got hit with snow and ice and we'll be taking you live to cnn's mark mckay in articling don in just a minute. but first, karen mcginnis is in the weather center, it gets cold in dallas but this is very strange. >> this is kind of a series of systems, not just for texas but for the midwest, the ohio r
dominated by events going on in egypt. he said president obama was optimistic about where things are headed but he also went on to stress there has to be a process toward meaningful change. again, there continues to be a lot of careful language that is used by the white house in dealing with their relationship with the outgoing, what is anticipated of being an out-going president hosni mubarak. ordinary rubs don't always work on my arthritis. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> happening now in egypt, the country's new cabinet held its first meeting today. protesters are maintaining a human chain in cairo's tahrir square, many insisting they're no going to budge until hosni mubarak steps down. the city is showing signs of returning to normal. >>> in arizona the state senate judiciary committee is considering legislation aimed at denying u.s. citizenship or its citizenship to u.s. born babies of illegal immigrants. that legislation would challenge the 14th amendment which guarantees citizenship to any
've just heard from congressional republicans and they're saying mr. obama isn't even getting close to what needs to be done. take a listen to this. >> and so what did we just get today? we got a punt. the president punted on the budget, and he punted on the deficit and on the debt. that's not leadership. that's an add vocation of leadership. >> let me lay this out for you. this year the federal deficit is running at $1.65 trillion. the budget the president just sent to congress would trim it down to $1.1 trillion, a big reason it shrinks, no new extension of the bush tax cuts. another reason? spending cuts. take a look, cuts to the pell grant program, $8 billion, cuts to heat subsidies for the poor, cuts to housing and community development and as you probably know already, the president is talking about a five-year freeze on most nonsecurity spending. >>> in a number of places the budget actually goes up, but an overall boost in pentagon spending is seen as a prelude to cuts down the road. as for education and energy, they're clearly among the president's top priorities. here's mr. obama
below 8%. but you know, look, ali. he had good news and president obama has had some good news. the approval rating according to the most recent cnn poll at 55%. the bad news is, though, his approval rating on the issue of the economy is at 45% so there's still work to do politically for president obama. >> and whether it's jobs or deficit, the biggest issue on the minds of americans as you know, mark. everybody, stay there where. jobs coming back for some but not for all. why race still matters in this recovery. and makes tooth enamel two times stronger. get dual-action listerine® whitening rinse. building whiter, stronger teeth. what do you see yourself doing after you do retire? client comes in and they have a box. and inside that box is their financial life. people wake up and realize. "i better start doing something." we open up that box. we organize it. and we make decisions. we really are here to help you. they look back and think "wow. i never thought i could do this." but we've actually done it. [ male announcer ] visit ameriprise.com and put a confident retirement mo
, the president of the united states barack obama spoke and if you read between the lines of what president obama said, it sounds like it was all over. america will do everything to help an orderly and genuine transition to democracy in egypt. president obama said this is a moment of transformation, that the people of egypt have been calling for change. it's now happening. and the young people, your generation, everything that president obama was saying seemed to signal at least from the u.s. perspective, it was over for president mubarak and the cia director leon panetta telling congress he had strong indications mubarak was going to step down tonight. have any of these comments from the united states really resonated with the folks where you are in tahrir square, fred? >> reporter: well, wolf, one of the interesting things is that the people here keep telling me they feel that the united states should have more faith in the people of egypt. they feel that the united states at some point might have been afraid of a transition going on and they felt were backing a dictator for way too long. i've
not in the public sector but also in the private sector. >> president obama, vice president biden and this wives are hosting governors from both parties at the white house this hour. michelle obama is peeking at the news confence right now. the state leaders are in washington for the winter meeting, and the governor's budget problems, you can bet, that's top of the agenda. >>> the government shuts down at the end of the week unless congress approves another temporary spending measure. democrats are suggesting they may go along with the republican plan. it would fund the government for two more weeks but cut $4 billion in spending. >>> now to outer space. yes, we even go there. two "discovery" astronauts have just started their first of two space walks. steve bowen and alvin drew plan to be out there for about 6 1/2 hours today doing a bit of maintenance. this is shuttle "discovery's" last vilt to the space station. it is being retired when it comes down. >> jack and jill went up the hill. >> little tommy -- >> hollywood krounded "the king's speech's" the best movie at last night's academy awards
of such talks saying they mistrust the government. >>> president barack obama talked about his efforts to support democratic reform in egypt. in a conversation that aireded on fox he was asked about the potential role of the muslim brotherhood and a new egyptian government. >> i think the muslim brotherhood is one faction. they don't have the support in egypt but they are well organ e organized and there are strains of their ideology that are anti-u.s., there's no doubt about it. here's the thing we have to understand. there are a whole bunch of secular folks in egypt, there are a whole bunch of educators and civil society in egypt that wants to come to the floor as well. and so it's important for us not to say that our only two options are either the muslim brotherhood or a suppressed egyptian people. >> and president obama went on to say his ultimate goal will be as a partner with the united states. >>> three adults who traveled to the dominican republic for a wedding, then returned to the u.s., have all recovered from their bouts with the disease. the disease is spread by poor sani
. >>> president obama remains optimistic that egypt can transition to a new government peacefully and efficiently. in an interview just before the start of the super bowl he told fox news the new government must represent all interests and he down played concerns about the muslim brotherhood gaining power in new egypt. >> i think that the muslim brotherhood is one faction in egypt. they don't have majority support in egypt. they are well organized and there restrains of their ideology that are anti-u.s. there's no doubt about it. here is the thing we have to understand, there are a whole bunch of secular folks in egypt. there are a whole bunch of educators and civil society in egypt that wants to come to the fore as well. it is important for us not to say our only two options are either the muslim brotherhood or a suppressed egyptian people. >> you don't want the muslim brotherhood? >> what i want is a representative government in egypt and i have confidence if egypt moves in an orderly transition process we will have a government in egypt we can work with as a partner. >> president obama says he
cohen, thanks. >>> first lady michelle obama launched lets move campaign a year ago and spent the last year talking to mayors, governors, food manufacturers, schools, parents, kids, you name it, all in an effort to fight one frightening statistic. the white house says 1 in 3 american kids is overweight or owe bees. mrs. obama says let's move campaign isn't just about food, it's about learning a new lifestyle. >> i've always talked about balance in this campaign. i mean, we're really trying to make some changes and if you go at a parent and say, you can never take your kid to get a burger, you've lost them because that's not the reality that we live in. it's not my reality. so i do talk openly about my obsession with french fries because i want people to understand the changes that we have to make in our lives are not whole-scale changes. many of the changes for kids are small things. things like adding fruits and vegetables and getting our kids moving and putting more water in the diet. >> the first lady will speak more about her fight against childhood obesity this afternoon right nea
their collective bargaining rights. >>> and president obama says he couldn't be prouder to be a chicagoan. his former chief of staff, that's right, rahm emanuel, will be the city's next mayor. emanuel beat out five challengers with 55% of the vote easily avoiding a runoff. >>> lindsay lohan returns to a los angeles courtroom this hour. a judge may revoke lohan's probation for a drunk driving conviction. he called today's hearing after police charged lohan with shoplifting. now, this is his eighth court appearance in nine months. >> here's your chance to talk back. one of the big stories of the day. moammar gadhafi inspires this question for you. our carol costello, she joins us from d.c. carol, you know, they call him mad dog. i know there are a lot of other words for him, but what do we know about this guy? >> you're right, suzanne, there are other words for him, like delusional, paranoid, completely insane, all used to describe him. after his rambling 90 minute speech, it's easy to understand why so many think gadhafi is daffy. >> translator: our rocket launchers have been provided to bengha
they will no longer defend a key part of the defensive marriage act on direct orders from president obama. in 1996, the 1996 law says no state needs to recognize same-sex marriages permitted or recognized elsewhere. in the case of the federal government, it defines marriage as the legal union of one man and one woman. now justice traditionally defending federal laws against challenges even if the current administration doesn't support the legislation. this is significant. we have our senior legal analyst on the line to give us a little bit insight here. jeffrey, as i understand it, what the attorney general said and what the president commented on were just these two cases that they had a time line about. not the entire doma act. >> reporter: that's right, but the legal position that the obama administration is now taking is that any sort of legal discrimination against gay people is now -- should now be treated the same way the discrimination against racial minorities, against women should be treated. that's a very big change in the law. the supreme court has never said that. there's no guarantee
obama. he says the u.s. simply doesn't understand the egyptian culture and what would happen if i step down now. the egyptian government is criticizing the violence that has erupted the last two days in cairo and says it did not encourage the attacks on protesters and on journalists. the vice president tells abc news that it will not uproot a peaceful demonstration on tahrir square. take a listen. >> reporter: just to make it clear, you will not order the military to evacuate them from the square? >> we will ask them to go home. but we will not pressure them to go home. >> reporter: never? >> no way. no way. and i hope that they will recognize that they are not doing well for the country. >> very latest now from cnn's ivan watson. ivan, what are you seeing now? >> don, let me start by saying one thing. cnn crews and other locations in the city overlooking tahrir square have been ordered by the egyptian police not to provide live images of what is going on in here. we are doing it right now, but our neighbors at this location have warned us that suspected secret police are outside tryin
i'm ta talking about president obama's proposed federal budget for fiscal 2012 which begins on october 1st. >>> and the first thing you have to keep in mind is you see these books being delivered on capitol hill. well, last year's plan went nowhere. congress never passed a single spending bill for fiscal 2011 which is, by the way, already a third of the way over. still, budgets are a presidential duty, and this one says the white house, was painful. we don't know whether it was painful to put together or it's going to be painful for the rest of us. it targets more than 200 programs for cuts or outright eliminati elimination. in the hopes of taming a record deficit. proposed cuts include home heating aid for low-income spending. college grants. it would cap itemized tax deductions for high earners and cut the deficit from $1.6 trillion this year to just over $600 billion in 2015, a level which believe it or not, economists believe sustainable. after that it would creep back up again. largely because of interests on the debt. and how much is the debt you ask? well, as of febru
. the showdown now between president obama and congressional republicans over the federal deficit. carol costello is in washington with our talk back question. we remember the government shutdown back in the clinton days. republicans paid for it then because they were in charge. do we really think this could happen again? >> it could happen. the specter of a government shutdown does loom. the republican-led house of representatives passed a budget bill with $61 billion in cuts. the democratic-led senate is sure to reject it. you get the picture. republicans and democrats are in the midst of political warfare again, but at least they don't have to fight in the office. congress is not just taking president's day off but president's week off. but lawmakers assure us they are working the phones. that's fantastic because if congress doesn't reach an agreement by march 4th, the government will shut down. that could mean delays in social security checks, military veterans' checks, issuing passports and nonessential federal workers will not get paid. in a bit of political gamesmanship, barbara boxer and
as he get more information on this story. >>> let's go to washington now and talk about the obama administration is expected to deliver a proposal this week recommending a phase-out plan for government-sponsored mortgage backers fannie mae and freddie mac. >> the white house on friday will lay out three options for phasing out fannie mae and freddie mac, the bleeding agency paid for by taxpayers, the agency responsible for so much of the stock market. it's critical to the housing market, your ability to get a loan. nine out of ten home loans are filtered in some way through the government, through fannie or freddie or the fha. they don't give you a loan, they guarantee investors against losses if you default on a loan. essentially they're an engine that keeps the mortgage market liquid and moving. critics say this moves the housing market too fast. some say without the government involved, not everyone has access to the american dream of a home loan. the first option is to get out of the mortgage market completely. the second is to backstop loans or have a private structure to bac
collective bargaining. it was 2007 when president obama was running when he said if the union was ever out on, you know, had issues, i would be the first one out there on the picket lines with them. he hasn't been out there. >> no, he hasn't been out there. in fact, let's take the fist question first. the fact that republican governors are taking a hard line on spending in the states, republican state hard line in washington d.c., that is absolutely helping with their base. what their base is going to want is that they continue to keep this hard line all the way through 2011 through 2012. that will help them on election day. at the same time what democrats need to do is continue to keep fighting. president obama did make that comment. he made it in south carolina when he was running for president. he got a little bit coverage today from a major head on the sunday shows. activists are frustrated. they don't think he's doing enough. they want to see him up in wisconsin. that's very unlikely to happen. if they don't see president obama in wisconsin, they want him to send somebody to wisconsin to
president barack obama's and now the british foreign minister's sentiments that it's time for libyan leader moammar gadhafi to go uk officials revoked the gadhafi family's diplomatic immune knit britain and we learned today the british government is freezing their asset he is. our crew in libya says they have seen armed civilians taking position on rooftops in a protester-controlled town near tripoli. they are reportedly preparing to face troops loyal to the libyan government in case they try to retake that town. >>> so, we are getting more information, too, about the deteriorating conditions in libya from eyewitnesses there. one young libyan woman, who we are not naming to protect her identity is actually joining us by phone. hopefully you can hear me okay what are you noticing in terms of how there is deterioration of the lifestyle there? all right. it looks like we are unable to connect with that young lady about how libyans are enduring all that's transpiring there in tripoli and beyond f we are able to re-establish that connection -- oh, looks like we have her. okay. caller, are you th
for the obama administration to make sure that this administration and the united states in general takes a tough stance on president mubarak. fredricka? >> sandra endo, thanks so much joining us from by phone as they walks with the demonstrators there to the white house. >>> so tahrir square isn't the only protest site. there have been demonstrations outside the parliament building as well. here is ben wedeman. >> reporter: it's hard to ignore their racket, angry work eers, pro-democracy activists, of the generally disgruntled. all of whom have turned this street outside the egyptian parliament into a stage for protest. these workers have been keeping it up around the clock for more than two weeks. their agriculture machinery factory was privatized and sold to foreign investors, production was hapted, and it's been months since anyone have been paid. empty promises are all we've gotten, he says. this man used to work for another privatized factory. the workers haven't been paid in four months, and the owners won't budge, he says. this is the spring of egypt's discontent fueled by politic
considering running against president obama. i'm here with our colleague who has been here the past couple of days who has heard some of the speeches. who do you think were some of the winners and some of the losers out of here presidential candidates? >> as you mentioned, almost a dozen presidential candidates and it's totally wide open. you see here with all these candidates, with a lack of activity in the early presidential race, a lot of expectations being set. would mitt romney address the controversial health care plan in massachusetts to this crowd of conservative activists. would mitch daniels address the claim there should be a truce on social issues. by and large, all of these candidates -- really, there were no big mistakes. no one blew it out of the park. just again, reflects how wide open the early presidential race is at this point, fred. >> i wonder, peter, no one really blew it out of the park but might there be one or two who might be among the most memorable from this cpac conference where people will say to themselves, you know what, i think he or she's got it. >> right.
. >> the obama administration applauding the revolution in egypt and talking about the inspiration that led to this historic change. >> the proud people of egypt have reminded the world of the power of human dignity and the universal longing for liberty. the american people have been deeply inspired by the scenes in cairo and across that great ancient land. president obama today recalled the words of dr. martin luther king jr. who said there is something in the soul that cries out for freedom. as those cries came from tahrir square, they moved the entire world. >> president obama also praised the efforts of the revolution aers, but he's also warning that the path ahead may be a tough one. for egypt, the military will be making the decisions on the next step. cnn senior state department produc producer joins me now. with the military in charge of the country's affairs, is it even clear who the u.s. deals with? >> not yet, randi. obviously, the u.s. knows all the players. they know who is in this egyptian supreme council. but they don't know who is in the seat of power. what happens to vice p
'm starting off with ben feller of ap. >> thu very much, president obama. you have been talking about the need for tough choices in your budget but your plan does not address the long-term crushing costs of social security, medicare, medicaid, the real drivers of long-term debt. can you explain that? where are you on that issue? when will we see your plan on that, and the uprising in egypt prompted protests in bahrain and yemen and iran, and i wonder how you balance your push for freedoms in those places against the instability that could endanger u.s. interests. >> on the budget, what my budget does is to put forward some tough choices, some significant spending cuts so that by the middle of this decade our annual spending match annual revenues. we will not be adding more to the national debt. so, to use a sort of a analogy that families are familiar with, we're not going to be running up the credit card anymore. that's important, and that's hard to do, but it's necessary to do, and i think that the american people understand that. at the same time, we're going to be making some key investmen
obama in a move to end debate on the health care law signed an executive order banning funding for abortion except in cases of rape, incest or when the life of the mother is at risk. they say that's not good enough. an executive order is not law and the president could change his mind. the republicans say both bills are so restrictive they would limit a woman's access to reproduct care even if her life is in danger. others say this could produce a legislative meltdown at a time when the government needs to create jobs. joseph pitt sees public support for his act. he says 60% of americans want this done. we can talk and walk and chew gum at the same time, so talk back. is this the right time to argue abortion in congress? is it the right time? facebook.com/carol.cnn. >> thank you, carol. >>> well, for now, a look at what's ahead on the rundown. after relative calm in egypt, protesters are now coming out in full force, and this is one wrong turn you really want to avoid. wait until you see how it ends. >>> financial reform is costing banks billions of dollars. now you could be pa
the administration itself, the obama administration, there have been divisions. we have heard from a representative, a special envoy who was sent there to say, look, mubarak has to stay in power through september. he needs stability and is establishing a legacy, and at the same time you have a state department spokesman saying he doesn't speak for us. clearly, within the administration there has been a struggle about how to best handle this because it is so significant, our alliance with egypt and the leadership there. >> at the end of the day, they can still make the phone call and tell hosni mubarak you should step down tonight. he doesn't have to do it. he is his own president, after all, and this is what remains. this is why the people you're watching there in tahrir square, there's a lot of uncertainty in the streets. people were thinking that this movement was losing momentum early i didn't this week. well, it has regained the momentum. strikes have spread. trade unions are now involved, and as we look at things that are developing on the ground, the pressure is clearly mounting, but the resp
of egypt as well as president obama, just got an e-mail from the white house, saying that the president was informed of president mubarak's decision to step down during a meeting in the oval office this morning. he then watched television coverage as we are watching these pictures unfold, these developments unfold, on television. president obama was doing the same this morning, looking at the scene that has unfolded in cairo, that he was there watching for several minutes, just outside the oval office, watching the coverage, as we are watching extraordinary developments take place. we've also been told now that president obama will make an on-camera statement later today about what we are seeing that is taking place here throughout the country of egypt. clearly, very significant development. the obama administration in many ways, jim, as you know, we've discussed this before, really playing catch-up to the pace of this revolt, this revolution, that has taken place in egypt. at the same time having parallel discussions, one back channels, trying to convince president hosni mubarak to lea
us proud again and we yearned for that. president obama said as much in this state of the union even though he didn't use reagan's name, he definitely echoed a lot of his themes and we're yearning back when reagan made things simple for us. >> tapped into a little president reagan, that president obama, looking at recent presidents, needs to be the most like reagan? >> yes. certainly. he's done a brilliant job with that. after the election eknew he immediated to move to the middle. what better way than adopt the rhetoric and policy of ronald reagan? in 2008 during the primary he said president reagan transformed this nation the with that president clinton did not. got a lot of heat from hillary and bill clinton but revealed his hand. he sort of looks up to reagan in some ways and done a good job stealing some of that message. >> he'd like to relive some of reagan's re-election. around this time in reagan's re-election he wasn't looking so good in the polls. >> no. if you remember, we went through a big recession in '82. down in the polls early '83. '84 he rallied and the economy star
correspondent ed henry joins us with a closer look. how is president obama going to deal with bahrain? we have the fifth fleet right there of the u.s. navy right there. it's a huge foundation for the u.s. military. and happening right across the street, ed, is this violence that is just out of control. >> reporter: how are they going to deal with it? very careful as you suggested, kyra, because of all of those reasons being strategic place, obviously, in the region, amid all of these other protests that are playing out there. jay carney, the new white house press secretary, had his first briefing yesterday. he made clear that the u.s. is monitoring this situation very closely. but he reiterated the white house position, as we saw in egypt and some of the other situations playing out, there is not a one size fits all approach to these protests, these situations that are unfolding because each country has got its own customs and the u.s. wants to be careful not to dictate to them how to respond to these protests and, nevertheless, the u.s. is not being shy about saying you have to respect the ri
. president obama unveils $1 trillion in spending cuts and just about every american will feel the sting. >> the president's budget hot from the printer, delivered to congress. 2012 blueprint to shave $1.1 trillion off the deficit. home heating assistance and clean water projects could get squeezed. the white house says the plan will help ease the debt crisis, republicans say it doesn't go far enough. >> our budget will get us over the next several years to the point where we can look the american people in the eye and say we are not adding to the debt anymore. we are spending money we have each year and we can work on bringing down our national debt. >> we are broke. what is dangerous is if we continue to do nothing and allow the status quo to stay in place. when are we going to get serious about cutting spending. >> christine, let's break it down. >> about half of the government agencies would see their funding reduced. that is just about everything you could think of. one of the things i want to zero in on are pell grants. the president wants to make permanent the $5,500 limit for pel
to guantanamo bay. what about president obama's campaign promise to close the military prison. robert gates admitted today that those prospects are very, very low. the bountty for osama, 25 million bucks. we want to know what you think. if captured should osama bin laden go to a military prison at guantanamo bay or be tried in u.s. courts? head to ali's blog to join that discussion. >>> the wisconsin battle, is it an assault on unions like president obama says? i'll ask that very question next. ♪ [ slap! ] [ slap! slap! slap! slap! ] ow, ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium rich tums goes to work in seconds. nothing works faster. ♪ tum ta tum tum tums you struggle to control your blood sugar. you exercise and eat right, but your blood sugar may still be high, and you need extra help. ask your doctor about onglyza, a once daily medicine used with diet and exercise to control high blood sugar in adults with type 2 diabetes. adding onglyza to your current oral medicine may help reduce after meal blood sugar spikes and may help reduce h
stories this hour, he was president obama's right-hand man, now he's chicago's next mayor. rahm emanuel easily beat out five rivals to become next man to lead the nation's third largest city. emanuel captured more than 55% of tuesday's vote, and as such, he avoided a runoff. >> all i can say, you sure know how to make a guy feel at home. >> emanuel has already hit the streets today to thank his supporters. he was up bright and early. he takes office in mid-may, replacing outgoing mayor, richard daley. >>> senator majority leader harry reid says brothels are hurting his home state and he wants them banned. he said he's calling on nevada lawmakers to have what he calls an adult conversation about outlawing prostitution. reid made those remarks before the state's legislature yesterday. some brothel members were in attendance. reid says nevada should be focusing on new jobs, not an old profession. >>> and police in st. petersburg, florida, this 16-year-old, nicholas lindsay, has confessed to killing one of their own. veteran officer david crawford was responding to reports of a suspicious p
crackdown. also, this. president obama has just issued a statement that we have receive. mr. obama is condemning the use of violence and is urging governments in libya, yemen and bahrain to show restraint. >>> obviously not a good idea to hit-and-run. it's illegal, but one guy did it to, of all people, a police car. doesn't he know there is a dash camera. you will see what sparked the whole thing next. with bengay pain relief plus massage you can do this... get the ball, girl. hmmm, you can't do that. but you can do this. bengay pain relief + massage with penetrating nubs plus the powerful pain relief of bengay. love the nubs! >>> we're going to show you what it takes to get from a misdemeanor to a felony in 60 second. there is no audio, so i will walk you through it. this police officer pulls up behind a red corvette. the car was parked in a fire lane. the corvette takes off, goes, ontinues, driverhqí'0+hscgée fact that that was a police officer. they continue -- see the headlights? that was the corvette slamming into the police car and so that was pretty much the end of that. a
the pro-democracy demonstrations by going on strike. the obama administration, of course, is following all of these developments. the cia director leon panetta telling a congressional hearing what he had heard about mubarak. >> and as you can see, i got the same information you did, that there is a strong likelihood that mubarak may step down this evening, which will be significant in terms of where the hopefully orderly transition in egypt takes place. >> many of the extraordinary events have been centered on cairo's tahrir square, but they've also spread to other areas in the city as this map indicates. to the right of the square is mubarak's presidential palace, that's about six miles, ten kilometers away. another key site, the parliament building over recent days, though, protesters have spilled out out of the square, marched to these two sites voicing their demand that mubarak must go and must go now. ben wedeman is on the scene for us. he's been in the thick of things from day one of all of these protests. he's joining us now live from cairo. first of all, ben, do we have any indicat
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